REI Lense

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$1,757 (target)

715 N 10TH Street, Fort Pierce, FL 34950

3 beds • 2 baths • 804 sqft

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This property could be a profitable Long-Term investment with a projected 13.39% first-year return on $29,400 initial cash invested.

13.39%

Cash On Cash

10.02%

Cap Rate

1.55

DSCR

$1,757

Rent

$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,757 income − $1,429 expenses = $328 cash flow

Income$1,757Mortgage P&I$75343%Property Taxes$17010%Insurance$493%Management$17610%CapEx$885%Vacancy$1056%Maintenance$885%Cash Flow$328

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,400

Downpayment

20%

$28,000

Closing costs

1%

$1,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,757

Total Expenses

$1,429

Mortgage P&I

43%

$753

Property Taxes

10%

$170

Home Insurance

3%

$49

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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